May 3, 2024 10:39 pm
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Westin Tempe hotel faces foreclosure sale

Photo via Westin Tempe

By Brandon Brown | Phoenix Business Journal

The Westin Tempe faces a potential foreclosure sale after failing to make its loan payments.

The owner of the 290-room hotel near Seventh Street and Mill Avenue in downtown Tempe was issued a notice of trustee sale earlier this week, according to real estate database firm Vizzda. Such notices inform borrowers and property owners they are facing a potential foreclosure and auction sale.

Read the full subscription story from the Phoenix Business Journal.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.